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Preventing Data Loss at Tax Time

Brisbane, QLD, 29th June 2006 – Individuals and tax professionals are increasingly preparing tax returns with commercial tax software and filing them online, creating a reliance on digital data that could be lost at the most inopportune time – the end of financial year. CBL Data Recovery Technologies Pty Ltd (CBL) offers easy tips to safeguard against loss of crucial data and a free data recovery service evaluation to individuals and tax professionals.

According to the Australian Taxation Office more than 1.37 million people lodged their tax returns online in 2005; “it’s fast, secure and easy to use with most refunds received within 14 days of lodging.”

Both individuals and tax professionals need to take precautions when handling tax data on computers regardless of what software or online method they use. The preparation of tax returns is stressful enough without having to start over, whether it is your own or the countless returns tax professionals prepare for clients.

Loss of tax data residing on computers can occur for a number of reasons, including mechanical failure, software corruption, contamination by viruses or worms, and human error.

Regardless of the threat, there are some simple steps that can be taken to avoid late penalties through unexpected erasure of tax returns stored digitally:

  • Save files frequently
  • Find out if your tax software has a back up feature
  • Back up your critical tax data to external media such as a CD or USB drive
  • Protect your system with anti-virus software and firewalls
  • If you hear the ‘click of death’ from your computer – it may be the first sign of a malfunction.
Vicky Brauner, Manager of CBL Data Recovery Technologies Pty Ltd comments, “Data recovery becomes an important issue for individuals or organisations during tax time as they race to meet important deadlines.

“Often a large amount of resources are invested into meeting these deadlines so having a professional on call when things go wrong can save a lot of time, money and energy” adds Brauner.

“Most people when faced with a potential data crisis panic. Their first instinct is to fiddle with the computer in the hope it’s just a temporary glitch,” adds Brauner. “More often than not, it makes the situation worse.”

In the event of tax data loss, individuals and tax professionals can take advantage of CBL’s free data recover service evaluation and their no data, no charge guarantee. Details on these services are available at www.cbltech.com.au/commitment.html.

About CBL Data Recovery Technologies Pty Ltd.

Since its establishment of operations in Australia in 2003, CBL Data Recovery Technologies Pty Ltd has experienced a fast growing demand for its data recovery services and expertise. From coast-to-coast, individuals, corporations and Small and Medium-sized enterprises (SMEs) depend on CBL to recover lost data as a result of hardware failure, natural disaster, software malfunction, virus contamination, or human error. Headquartered in Brisbane, CBL also has facilities in Sydney and can be found on the web at www.cbltech.com.au. Resellers interested in becoming a CBL partner can call 1800 287 225, email partners@cbltech.com.au, or register online at www.cblpartners.com.au

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Contact:

Polly Johnson
Taurus Marketing
+61 2 9415 4528
polly@taurusmarketing.com.au


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